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Foundry Backs Young Women's Gaming Firm Nix Hydra

Boulder-based venture capital investor Foundry Group is the lead investor in a startup, videogame development firm called Nix Hydra, which said Thursday that it has raised $5M in a funding round. Nix Hydra--which develops the game "egg baby", a game aimed at young women--said the funding will go towards further development its Egg Baby franchise, and expansion into international markets. The company also added angel investor Mike Lazerow in the investment round. Nix Hydra is based in Los Angeles, California. More information »